Bollinger Shipyards announced it has delivered the USCGC Maurice Jester to the U.S. Coast Guard in Key West, Fla.. This is the 178th vessel Bollinger has delivered to the U.S. Coast Guard over a 35-year period and the 52nd Fast Response Cutter…

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, introduces the Novo1 motor line by Ward Leonard, the newest AC induction motor line for naval vessels.Described by the manufacturer as "durable" and "reliable"…

U.S. exports of liquefied natural gas (LNG) were flat last month at 6.84 million tonnes, shipping data showed on Thursday, even as a long-idled Texas processing facility began shipping the fuel during an ongoing restart.Freeport LNG's Texas plant…

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level since early January on Thursday, supported by stronger rates across all vessel segments.The overall index, which factors in rates for capesize…